7933 Brainerd RdChattanooga, TN 37421

Property Details for 7933 Brainerd Rd

Year built

2017

Lot size

0.75 AC

Property size (Sq ft)

4,930 SF

Zone code

C2

Property type

Car washes

APN

159P B 011.01

APU

159PB01101

Description

This thriving Chattanooga car wash business, located at 7933 East Brainerd Road, is offered for sale at $1,700,000. The 4,950 square foot facility sits on a 0.58-acre lot zoned C-2, boasting excellent visibility and high traffic counts exceeding 31,000 AADT. Built in 2017, this single-story building is currently operating and includes all equipment and real estate in an asset sale. Its prime location offers easy access from East Brainerd Road, just before the Igou Gap intersection, placing it near major retailers, restaurants, I-75, Chattanooga Airport, Volkswagen Chattanooga, and an Amazon Fulfillment Facility. The property benefits from a loyal customer base and recently updated equipment. While no financials are provided, a 2020 appraisal valued the property at $2.2 million. This represents a significant investment opportunity for a motivated buyer. The sale includes the business, equipment, and real estate. Please note that this is an AS-IS sale.

• CAP approach

  CAP return

  Valuation

  6%

  $1,532,793

  6.5%

  $1,414,886

  7%

  $1,313,823

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,023,680

  Geo Method

  $2,423,348

• Alternative Use

  Use

  Valuation

  Residential

  $1,193,509

  Hospitality

  $1,093,248

  Educational

  $909,570

  Medical

  $940,851

  Retail

  $1,414,886

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0064

Longitude

-85.153

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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